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Electronic Book
Author Anderson, James M.

Title The U.S. experience with no-fault automobile insurance : a retrospective / James M. Anderson, Paul Heaton, Stephen J. Carroll.

Imprint Santa Monica, CA : RAND, 2010.

Copies

Location Call No. OPAC Message Status
 Axe JSTOR Open Ebooks  Electronic Book    ---  Available
Description 1 online resource (xx, 170 pages) : illustrations
text txt rdacontent
computer c rdamedia
online resource cr rdacarrier
Physical Medium polychrome. rdacc http://rdaregistry.info/termList/RDAColourContent/1003
Description text file
PDF
Series Rand Corporation monograph series
Rand Corporation monograph series.
Bibliography Includes bibliographical references.
Contents A primer on tort and no-fault systems -- A brief history of no-fault -- The cost of no-fault -- Why have no-fault regimes been more expensive than anticipated? -- Conclusion, policy implications, and future developments.
Summary No-fault automobile-insurance regimes were the culmination of decades of dissatisfaction with the use of the traditional tort system for compensating victims of automobile accidents. They promised quicker, fairer, less-contentious, and, it was hoped, less-expensive resolution of automobile-accident injuries. This monograph considers how these plans have fared. After reviewing the intellectual and political history of no-fault auto insurance, the monograph concludes that no-fault lost political popularity because of the perception that it did not deliver the promised consumer premium cost reductions. Analysis of data from a variety of sources confirms this view, demonstrating that premiums and claim costs have become substantially larger in no-fault states than in other states over time. These cost increases can be traced to a variety of factors, including growth in excess claiming in no-fault states and convergence between no-fault and tort states in litigation patterns and noneconomic-damage payments. However, the primary driver of no-fault's cost growth has been high medical costs. The extent to which these additional costs represent augmented utilization of medical services rather than cost shifting from the medical insurance system to the automobile insurance system remains unclear.
Note Print version record.
Language English.
Subject No-fault automobile insurance -- Law and legislation -- United States.
No-fault automobile insurance -- United States.
Liability for traffic accidents -- United States.
Assurance-automobiles sans égard à la responsabilité -- États-Unis.
Responsabilité pour accidents de la route -- États-Unis.
LAW -- Administrative Law & Regulatory Practice.
BUSINESS & ECONOMICS -- Insurance -- Automobile.
Liability for traffic accidents
No-fault automobile insurance
No-fault automobile insurance -- Law and legislation
United States https://id.oclc.org/worldcat/entity/E39PBJtxgQXMWqmjMjjwXRHgrq
No-fault automobile insurance -- Law and legislation -- United States.
No-fault automobile insurance -- United States.
Liability for traffic accidents -- United States.
Added Author Heaton, Paul, 1978-
Carroll, Stephen J., 1940-
Added Title United States experience with no-fault automobile insurance
Other Form: Print version: Anderson, James M. U.S. experience with no-fault automobile insurance. Santa Monica, CA : RAND, 2010 9780833049162 (DLC) 2009047041 (OCoLC)468232163
ISBN 9780833049469 (electronic bk.)
0833049461 (electronic bk.)
9780833049162
083304916X
Report No. RAND/MG-860-ICJ
Standard No. AU@ 000051347180
CHNEW 000616038
DEBBG BV043071320
DEBBG BV044142941
DEBSZ 396355900
DEBSZ 421884088
GBVCP 1008653845
NZ1 13648809
AU@ 000068202823

 
    
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